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3 years ago

Consider the production possibilities frontier model for an economy that produces only two goods: barley and cars.

Business

1 answer:

Alex17521 [72]3 years ago

7 0

Answer:

Production Possibilities Frontier

Explanation:

In a theoretical economy, the production possibilities frontier, is the curve that shows the combination of goods produced (barley and cars) by an economy given a limited resource. Furthermore the more goods (barley) is produced, the less cars are produced. Thus, for every additional barley's produced, there's an opportunity cost of cars.

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Which must be considered when beginning a new photoshop project.

gizmo_the_mogwai [7]

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2 years ago

Gambrinus is a large company that owns and operates the breweries that produce Moosehead Lager, Bridgeport Ale, Pete's Wicked Al

svlad2 [7]

Answer:

The answer is departmentalization by product.

Explanation:

Departmentalization refers to the divisions of different work areas. Each one specializes in a specific job, most companies use departmentalization and train their employees, making them specialists in their role.

The main objective of departmentalization is to specialize in activities and facilitate processes while maintaining control in the organization. The departmentalization is usually divided by product, function, process, project, clients, and territory.

For example, in the case of departmentalization by-products, it is used by large companies to divide the area where the product is developed and those in charge of product delivery, thus obtaining better control, organization, and production.

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3 years ago

If $1000 is invested at 6% interest, compounded annually, then after n years the investment is worth an

Temka [501]

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment= $1,000

Annual interest rate= 6% = 0.06

Number of periods= n

To calculate the future value after "n" periods, we need to use the following formula:

FV= PV*(1+i)^n

For example:

n= 6 years

FV= 1,000*(1.06^6)

FV= $1,418.52

6 0

2 years ago

On September 3, 2021, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows:

GREYUIT [131]

Based on the information given the appropriate journal entries to record the exchange for both Robers and Phifer are:

Robers entries

Debit Equipment (new) $77,000

Debit Accumulated Depreciation $111 000

Debit Cash $19,000

Credit Equipment $190,000

Credit Gain on Sale $17,000

($77,000+$111,000+$19,000-$190,000)

Phifer's entries

Debit Equipment(new) $96,000

Debit Accumulated depreciation $119,000

Debit Loss on Sale $14,000

($210,000+$19,000-$96,000-$119,000)

Credit Equipment $210,000

Credit Cash $19,000

Learn more about journal entries here:brainly.com/question/24696035

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3 years ago

During 2021, its first year of operations, Pave Construction provides services on account of $152,000. By the end of 2021, cash

Softa [21]

Answer:

1. Record the adjusting entry for uncollectible accounts on December 31, 2021.

Dr Bad Debt Expense $ 13.800

Cr Allowance for Uncollectible Accounts $ 13.800

2-a. Record the write-off of accounts receivable in 2022.

Dr Allowance for Uncollectible Accounts $ 12.420

Cr Accounts Receivable $ 12.420

2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022

Final Balance 2022

Cr Allowance for Uncollectible Accounts $ 1.380

3-a. Assume the same facts as above but assume actual write-offs in 2022 were $18,630. Record the write-off of accounts receivable in 2022.

Dr Allowance for Uncollectible Accounts $ 18.630

Cr Accounts Receivable $ 18.630

3-b. Assume the same facts as above but assume actual write-offs in 2022 were $18,630. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022

Final Balance 2022

Cr Allowance for Uncollectible Accounts $ 7.176

Explanation:

Initial Balance

Dr Accounts Receivable $ 152.000

Cash collections on these accounts total $106,000

Dr CASH $ 106.000

Cr Accounts Receivable $ 106.000

New Balance

Dr Accounts Receivable $ 46.000

Pave estimates that 30% of the uncollected accounts will be uncollectible.

Dr Bad Debt Expense $ 13.800

Cr Allowance for Uncollectible Accounts $ 13.800

FINAL BALANCE 2021

Dr Accounts Receivable $ 46.000

Cr Allowance for Uncollectible Accounts $ 13.800

In 2022, the company writes off uncollectible accounts of $12,420

Dr Allowance for Uncollectible Accounts $ 12.420

Cr Accounts Receivable $ 12.420

Final Balance 2022

Dr Accounts Receivable $ 33.580

Cr Allowance for Uncollectible Accounts $ 1.380

2-b. Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022

Dr Bad Debt Expense $ 10.074

Cr Allowance for Uncollectible Accounts $ 10.074

a. Assume the same facts as above but assume actual write-offs in 2022 were $18,630.

Record the write-off of accounts receivable in 2022.

Dr Allowance for Uncollectible Accounts $ 18.630

Cr Accounts Receivable $ 18.630

3-b. Assume the same facts as above but assume actual write-offs in 2022 were $18,630.

Calculate the balance of Allowance for Uncollectible Accounts at the end of 2022

Final Balance 2022

Dr Accounts Receivable $ 14.950

Cr Allowance for Uncollectible Accounts $ 7.176

6 0

3 years ago